Sensex ends choppy day 234 pts down; Nifty holds 17,150; IT, FMCG weigh

CLOSING BELL: Titan Company, Tech M, Maruti Suzuki, Cipla, IOC, Nestle India, Hero MotoCorp, Eicher Motors, L&T, TCS, Wipro, and Tata Steel were the top laggards

1:53 PM

Tata Elxsi gains 5%, hits record high in a weak market

In the past three months, the stock has outperformed the market by surging 45 per cent after the company delivered strong and consistent growth, with 33.2 per cent year-on-year revenue growth and profit after tax (PAT) growth of 43.5 per cent in December quarter (Q3FY22). In comparison, the S&P BSE Sensex was up marginally by 0.26 per cent during the same period. READ MORE

1:46 PM

BSE 500:: Fall from intra-day high

Rajesh Exports, ITDC, Century Plyboard and Sundaram Clayton were some of the prominent stocks to lose significant ground from the high's of the day.

1:38 PM

BSE Indices:: Realty, Telecom outperform

The BSE Realty and Telecom indices outperformed in trades so far.

1:27 PM

Sensex extends losses as the day progresses

1:21 PM

IOC, BPCL, HPCL lost $2.25 bn in revenue due to fuel price freeze: Moody's

Petrol and diesel prices remained unchanged between Nov 4 and March 21 despite prices of crude oil averaging around $111 per barrel in the first 3 weeks of March compared to around $82 in early Nov. READ MORE

1:13 PM

TCS Buyback :: Acceptance Ratio reportedly fixed at 26% for retail investors

Acceptance Ratio

 

- Reserved category (Small Shareholders): 24%

 

- General category: 2.40%

 

Buyback Price: Rs 4,500

 

Settlement date: Monday, March 28

1:09 PM

Auto stocks eyeing breakout; Tata Motors, Bajaj Auto can soar up to 10%

The Nifty auto index has rallied over 15 per cent to a high of 10,673 in the recent rebound. The bullish reversal seems to be witnessing a sideways movement now. Prior the rally, the Nifty Auto index had slipped 21 per cent, dropping to 9,226. READ MORE

1:07 PM

Banking shares mixed in today's trade

12:58 PM

India could restrict sugar exports to augment local stocks: Report

Any curbs on exports by the world's second biggest sugar exporter could lift global sugar prices that have been supported by lower output in top producer Brazil and firm crude oil prices, which encourages mills to produce more sugarcane-based ethanol. READ MORE

12:45 PM

Consumer Durables witnessing selling pressure

The likes of Voltas, Whirlpool,Bajaj Electricals and TTK Prestige were down 1-2 per cent each.

12:44 PM

Yen bounces as BoJ drags heels on bond buying; export prices remain high

That still leaves the yen down nearly 2% on the week, but traders saw the lack of urgent intervention from the Bank of Japan when selling pushed 10-year government bond yields close to its 0.25% target as a possible hint at policy flexibility. READ MORE

12:35 PM

Pharma shares on weak footing

Cipla, Zydus Lupin down up to 2 per cent each.

12:27 PM

Asian Markets Update:: Hang Seng down 2.5%; Others mixed

Source: Yahoo Finance

12:18 PM

BSE 500:: Top losers so far

Sequent Scientific and Titan were the top losers, down over 3 per cent each. Sterling & Wilson Renewable Energy, Jubilant Ingreav and Century Plyboard were the other prominent losers.

12:10 PM

BSE 500:: Top gainers so far

Container Corporation zooms 10 per cent. Inox Leisure, L&T Finance Holdings, EIH and Lemon Tree other major gainers, up over 6 per cent each.